Environment and activities of Audit Committees. Background of committee members and trust in financial information

• Main Authors: Guðbjartsson, Einar, Snorrason, Jón Snorri
• Format: Article in Journal/Newspaper
• Language: Icelandic
• Published: Research in applied business and economics 2017
• Subjects: Accounting; auditing; audit committees; securities law; public interest entity.; M420; K220; Reikningsskil; endurskoðun; endurskoðunarnefndir; óhæði; einingar tengdar almannahagsmunum; 8. tilskipun ESB; Gerðar; Mati; Iceland
• Online Access: https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2017.14.1.2

The aim of this paper is to report partial results of a study on the environment and practices of audit committees in Iceland. The findings of two surveys, one from 2012 and the other from 2016, are compared. The paper identifies, among other things, education of committee members, reliance on finan...